14 m. ago US slaps 10% tariff on Ugandan exports, deepening economic strain

US has imposed a 10% tariff on Ugandan exports, deepening economic woes after AGOA suspension.

Politics

39 h. ago Economists warn GNU uncertainty could threaten economic outlook

ANC Secretary General Fikile Mbalula says the ball is in the DA's court.

Events

39 h. ago Powering AI with Purpose: The Race for Data Equity and Sovereignty

In one of the most critical sessions of the Global AI Summit Africa 2025, titled “Data: A Strategic Imperative for Adoption, Equity, and Sovereignty,” leaders from across sectors converged to explore the foundational role of data in Africa’s digital future. Moderated by Isobel Acquah, Executive Director of the Certa Foundation, the conversation centered around building… Read More »Powering AI with Purpose: The Race for Data Equity and Sovereignty The post Powering AI with Purpose: The Race for Data Equity and Sovereignty first appeared on iAfrica.

Politics

47 h. ago LIVE | Lamola and Tau update on SA’s strategic approach to US tariffs

Media Briefing about South Africa's strategic approach to new US tariff regime.

Politics

49 h. ago Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports

Lesotho has become the world’s second hardest-hit country by President Donald Trump’s sweeping new tariffs, facing a 50% rate on all exports to the US—just behind China. The move threatens Lesotho’s thriving textile trade, including exports of Levi’s and Wrangler jeans, which have benefited from tariff-free access under the African Growth and Opportunity Act (AGOA).… Read More »Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports The post Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports first appeared on iAfrica.

Politics

49 h. ago South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty

The Democratic Alliance (DA) has taken legal action against the South African government’s 2025 budget, challenging the constitutionality of its approval process and seeking to block a proposed value-added tax (VAT) hike. The DA, the second-largest party in the fragile ruling coalition, opposed the fiscal framework passed by Parliament, calling the process procedurally flawed. The… Read More »South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty The post South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty first appeared on iAfrica.

Politics

49 h. ago Niger Bets on Local Mining in Break From Western Partnerships

Niger’s military-led government is doubling down on resource nationalism, awarding copper and lithium mining permits to local firms as part of a broader, Sahel-wide push to reduce reliance on Western companies. The move echoes similar strategies in Mali and Burkina Faso, fellow junta-led states, which also favor domestic control and courting non-Western allies like China,… Read More »Niger Bets on Local Mining in Break From Western Partnerships The post Niger Bets on Local Mining in Break From Western Partnerships first appeared on iAfrica.

Politics

52 h. ago Mashatile urges investment in skills, education for economic growth

The Deputy President says education and skills are key in growing the economy and creating jobs.

Events

61 h. ago US decisions on SA not based on ‘correct facts’: Steenhuisen

Steenhuisen was among the economic cluster ministers who were answering oral questions in the NA.

Politics

2 d. ago China, EU agree to restart talks on minimum price on Chinese EVs

Now facing 54% tariffs on exports to the US, the world's No. 2 economy China vowed countermeasures

Politics

4 d. ago South African Steel Giant Gets State Boost to Avert April Shutdown

ArcelorMittal South Africa has postponed the planned closure of its long steel operations to August 31, following a $91.5 million lifeline from the state-owned Industrial Development Corporation. The struggling steelmaker had earlier announced it would shut down the division by April after failing to secure government concessions on electricity costs, freight rail tariffs, and import… Read More »South African Steel Giant Gets State Boost to Avert April Shutdown The post South African Steel Giant Gets State Boost to Avert April Shutdown first appeared on iAfrica.

Events

4 d. ago SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges

The South African Revenue Service( SARS) says it collected more than R1.85 trillion in taxes in the 2024/25 financial year, outperforming its previous estimates. SARS announced its preliminary revenue outcome on Tuesday. The better than expected collection comes despite a challenging operating environment. The country’s chronically weak economy, a lower-than-expected wage increase, a decline in… Read More »SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges The post SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges first appeared on iAfrica.

Events

4 d. ago ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers

The African National Congress (ANC) has endorsed ActionSA’s proposal to scrap the planned 0.5% VAT increase, aiming to provide relief for taxpayers already facing economic strain. ActionSA introduced an amendment to remove both the VAT and income tax increases proposed for the 2025/2026 fiscal year during Tuesday’s parliamentary joint committee on finance debate. ActionSA representative… Read More »ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers The post ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers first appeared on iAfrica.

Economics

5 d. ago LIVE: Ramokgopa briefs the media on Electricity Transmission

This initiative is vital for enhancing national energy security and economic prosperity

Politics

8 d. ago Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round

The Interledger Foundation has opened funding for fintech and web-based platform projects that will become part of its interoperable payments network via the Interledger Protocol (ILP) – to build out its vision for an open digital economy.With projects in 40 countries, the organisation is already working with businesses to spearhead initiatives that reimagine existing financial… Read More »Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round The post Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round first appeared on iAfrica.

Politics

1 week ago MTN and Airtel Agree to Share Networks in Nigeria and Uganda

MTN Group and Airtel Africa have signed a network-sharing agreement in Nigeria and Uganda to cut costs and expand coverage in underserved areas. Faced with economic challenges like currency devaluation and rising operational expenses, both telecom giants aim to share towers, base stations, and fiber-optic networks to optimize investments. The deal is particularly timely for… Read More »MTN and Airtel Agree to Share Networks in Nigeria and Uganda The post MTN and Airtel Agree to Share Networks in Nigeria and Uganda first appeared on iAfrica.

Politics

1 week ago Musk, Trump, and the “White Genocide” Claims: The “Kill the Boer” Song Explained

Elon Musk has reignited controversy over South Africa’s struggle song Dubul’ ibhunu, which translates to “Kill the Boer”, accusing the Economic Freedom Fighters (EFF) of promoting white genocide. The song has a storied background, emerging in 1980s South Africa as a call to resistance against apartheid rule. When sung, it is usually accompanied by toyi-toying,… Read More »Musk, Trump, and the “White Genocide” Claims: The “Kill the Boer” Song Explained The post Musk, Trump, and the “White Genocide” Claims: The “Kill the Boer” Song Explained first appeared on iAfrica.

Events

1 week ago Slowdown in inflation boosted salary earners’ buying power: Study

BankServ Africa shows that the slowdown in inflation has boosted salary earners' buying power.

Economics

1 week ago Ghana and Morocco Announce Plans to Eliminate Visa Requirements

Accra and Rabat are moving to scrap visa requirements for travelers between Ghana and Morocco to boost diplomatic and economic ties. According to Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, the agreement will soon be presented to the parliaments of both countries for ratification. Ablakwa, who met with Morocco’s ambassador to Ghana Imane Ouaadil, revealed… Read More »Ghana and Morocco Announce Plans to Eliminate Visa Requirements The post Ghana and Morocco Announce Plans to Eliminate Visa Requirements first appeared on iAfrica.

Politics

1 week ago South Africa Rejects ‘White Persecution’ Narrative Amid Rising Global Tensions

South African President Cyril Ramaphosa has firmly rejected claims that white South Africans, particularly Afrikaners, are being persecuted, calling it a “completely false narrative.” His comments come in response to renewed allegations from Elon Musk, who repeated accusations of “white genocide” in South Africa. Musk cited a political rally where members of the opposition Economic… Read More »South Africa Rejects ‘White Persecution’ Narrative Amid Rising Global Tensions The post South Africa Rejects ‘White Persecution’ Narrative Amid Rising Global Tensions first appeared on iAfrica.

Events